716 Fairmont Road

Eric Coy, Winnipeg

Property score

71.2

Good

Overall 71.2 · Smaller than most nearby homes

1,114 sqft (bottom 23%) · Built in 1971

Located in a high-income area with median household income of ~120k

Transit 58.0 · 2-min walk to transit with 1 nearby route

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 1%

Past 10 years Eric Coy sales snapshot (~80% of all data)

Sold Count

243

Median price

457.5k

$/sqft

$369/sqft

Avg build year

1971

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Property score

71.2 is composed by the two sections below.

Property Score

63.8Fair
Living Area60
1,114 sqftFair
Year Built58
1971Fair
Lot Size100
21,793 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

82.3Excellent
Household Income91
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111064

Community deep dive

$120K

Median household income

$129K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

19%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)549
Labour force participation rate55%
Median age47.6
Avg household size2.6
Unemployment rate4%
Population density1444 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children38%
Median household income (2020)$120K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority5%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,114 sqft
0255075100
Same streetBottom 29%Same areaBottom 23%CitywideBottom 41%
Same street · Fairmont Road
#108 / 152
Bottom 29% · Avg 1,366 sqft
Same area · Eric Coy
#680 / 888
Bottom 23% · Avg 1,472 sqft
Citywide · Winnipeg
#114,943 / 194,458
Bottom 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetTop 37%Same areaTop 39%CitywideTop 25%
Same street · Fairmont Road
#56 / 152
Top 37% · Avg 459.9k
Same area · Eric Coy
#343 / 888
Top 39% · Avg 465k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

around average
1971
0255075100
Same streetTop 33%Same areaTop 46%CitywideTop 47%

Lot Size

Elite
21,793 sqft
0255075100
Same streetTop 35%Same areaTop 15%CitywideTop 1%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

716 Fairmont Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 716 Fairmont Road, Winnipeg

Property Overview: 716 Fairmont Road

This one-storey home in Winnipeg's Eric Coy neighbourhood presents a compelling proposition centered on its exceptional land value and established community. Built in 1971, the 1,114 sqft bungalow sits on a massive, nearly half-acre lot (21,793 sqft), which is its most defining feature. The home includes a finished basement and a detached garage. While the living space is modest and typical for its era, the property's appeal lies in its remarkable rankings: its lot size places it in the top 1% of all Winnipeg, and its assessed value ranks in the top 23%. This creates a unique value dynamic where the land itself is a premier asset. It would perfectly suit a buyer looking for long-term investment in a large parcel, someone with renovation or expansion plans, or those prioritizing generous outdoor space over a large interior footprint. It’s a property where the true potential is tied to the land, offering a rare opportunity in the city.

Frequently Asked Questions

1. What does the "top 1% for lot size" ranking actually mean?
It means this property's land area is larger than 99% of all residential properties in Winnipeg, making it an exceptionally rare, suburban-scale lot within the city.

2. The house itself ranks lower for size and age. Is this a concern?
Not necessarily. These rankings reflect that the home is a typical 1970s bungalow. The key perspective is that you are primarily investing in a landmark-sized piece of land, with a liveable house included. It's ideal for those who see value in the land for future enjoyment or development.

3. Who would this property be best for?
It's ideal for three main types: long-term holders who value land as an asset, DIY enthusiasts or builders planning a significant renovation or future rebuild, and families or individuals who prioritize immense private outdoor space (for gardens, play areas, or privacy) over a large interior.

4. How does the high land value impact property taxes?
The total assessed value ($469,000) factors in both the land and building. While the large lot contributes significantly to this assessment, the modest home size likely keeps the total assessment lower than if a large house occupied the site. Taxes are based on this total assessment.

5. Is the finished basement included in the 1,114 sqft living area?
No, the 1,114 sqft refers to the above-ground living area. The finished basement is additional space, providing extra functional rooms without increasing the official square footage of the main structure.